From here.  As many sites have reported that Starbucks is cutting back on its stores in an effort to stay profitable, 600 stores are supposed to be closed.  Initially they stated that Austin was not one of the locations that would be cut but apparently it is.

This of course is another sign of our down turning economy but not only that Austin is on the end cycle of this complete business boom with new growth.  If you go down Parmer Lane towards 1431 you’ll notice brand new businesses and new office spaces that are for lease that are just built.  Now, I fear they will sit empty for while as the economy continues to sour.   Actually I shouldn’t’ say that, we’re still in good shape here, we just grew too fast,  businesses need a chance to stop, take stock and re-evaluate.

South Congress and Academy (1007 S. Congress) – Austin
MoPac and Slaughter (5000 W. Slaughter) – Austin

Will be the 2 stores to be closed down.  To me, I really don’t care that much because Austin has plenty of Starbucks locations and not only that we have some really good local coffee shops that have a better atmosphere.  Comment if you know of some other really good local only coffee shops.